Jay-Z’s fashion firm sued over outstanding bill

Bosses at Jay-Z’s Rocawear clothing label are facing legal action over allegations they failed to settle an invoice amounting to $450,000.

Executives at Iconix Brand Group, which purchased the company from the rap superstar in 2007, are alleged to have ordered a collection of goods from wholesale specialists iSource NYC, which were manufactured in Pakistan and shipped to the U.S. last summer.

According to a new lawsuit, the balance of the $1 million order remains outstanding.

The plaintiffs are demanding the $450,000 payment in addition to nine percent interest for the overdue invoice, reports the New York Post.

Jay-Z remains a shareholder and is still in charge of product development, marketing and licensing for Rocawear.